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Administrative Rules
Rule 06:02:03:03 Confirmation of deposits by public depositors.

          6:02:03:03.  Confirmation of deposits by public depositors. Pursuant to SDCL 4-6A-12, each public depositor shall furnish the following information within 10 days after receipt of certification of a loss:

          (1)  The amount of its demand deposits;

          (2)  The amount of its time deposits at the public depository subject to a loss, according to its records;

          (3)  Any other transactions with the public depository which might affect the amount due the public depositor from the public depository; and

          (4)  An explanation of any difference between its deposit records and the amounts certified to it by the commission.

          Source: 2 SDR 51, effective January 13, 1976; 24 SDR 93, effective January 12, 1998.

          General Authority:SDCL 4-6A-20.

          Law Implemented:SDCL 4-6A-12.

Online Archived History: